About the Business

Business ID: XB164802

URGENT SALE – OWNERS RELOCATING OVERSEAS

PRICE REDUCED TO $90,000 — ALL REASONABLE OFFERS WILL BE CONSIDERED

POPULAR FAMILY RESTAURANT IN HIGH-GROWTH SUBURB

Step into a taste of Greece in the heart of Malvern East with this beloved family-friendly restaurant. Known for its authentic recipes and warm, welcoming atmosphere, the venue consistently attracts loyal regular diners, families, and function bookings.

The owners are relocating overseas, creating a genuine urgent sale situation and an outstanding opportunity for a motivated buyer to secure a well-established hospitality business at exceptional value. All reasonable offers will be considered.

Positioned on a prime corner site in a rapidly growing suburb, this restaurant also benefits from a strong online presence and clear potential to further increase revenue by extending trading hours and expanding service offerings.

BUSINESS HIGHLIGHTS

- Well-established licensed restaurant in a prominent corner location

- Turnover: $600K

- Spacious 200 sqm venue with 90 indoor seats plus 30 outdoor seats

- Currently trades Wednesday to Sunday, 5:30pm–9:30pm

- Closed Mondays and Tuesdays, with additional holiday closures (approx. 7 weeks annually)

- Strong potential to extend trading hours and increase turnover

- Popular venue for private functions, celebrations, and corporate bookings

- Established website and online booking system: Achilles Greek Tavern

- Regular Greek Rembetika live music nights and themed banquet events

- Owner-operated with experienced staff in place

This is a rare opportunity to acquire a well-loved Greek restaurant in a thriving suburban location with strong growth potential and immediate upside for an incoming owner.

PRICE: $90,000 — ALL REASONABLE OFFERS WILL BE CONSIDERED